Nice announcement,CXO is the last junior with ground in this highly desirable location.All the others (MEP,TAS,AXE) sold their ground to either BHP or RIO and Antofagasta have tied up a number of blocks in the area as well. I particularly liked this bit from today's announcement -" Core is also in discussions with a number of Australian and International parties who have expressed interest in this highly prospective and sought after Tier 1 IOCG terrain"
The map below from page 5 of the announcement clearly shows five targets of interest. It is not inconceivable that this ground could attract a cash offer greater than CXO's current MC . The second map show the various companies tenement postions
roxby ground next to olympic dam map
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9.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $203.0M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 63248 | 9.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.5¢ | 25275 | 5 |
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